Greg Miller
Monday, July 26, 2021
If coal is dead, then why are ships so full of it?
Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.
Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?